Yes, I'm sure Rajiv will be pleased. But our cornerstone brings far more to the story than simple investment (Rajiv Ramnarayan is a 50% shareholder in Equentia):
ABOUT EQUENTIA NATURAL RESOURCES
Equentia Natural Resources is a Singapore-based commodity trading and resources company that has achieved significant success in the commodities market, principally in coal, and has established strong offtake agreements with mines located in Indonesia, South Africa, Russia, and Australia. Leveraging this success ENR has successfully diversified its investments into the nickel and battery mineral sector. This expansion involves direct investments in physical assets and mines as well as strategic investments in exploration, project development and junior mining companies.
I doubt very much the block of shares will be loose. More likely, given today's results, to see early exercise of the options - which would provide a handy funding fillip, and a win-win all round.
Just speculating.
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